AIG
Overview
Senior Catastrophe Risk Analyst at AIG. The North American Catastrophe Risk Management team is responsible for catastrophe modelling and portfolio exposure management for AIG’s North American Insurance businesses. Day-to-day pricing and portfolio roll-up are carried out at the Centre of Excellence (CoE) in Bangalore, India. The North American team is part of a wider Global Underwriting Analytics team with members in the US, London and Singapore. The primary responsibility for this role is to be the catastrophe modelling business partner for AIG’s Retail Property business and other select North American portfolios. The role requires a technically proficient catastrophe modeler who can develop strong relationships with underwriters and portfolio managers and contribute to wider analytics strategies including business planning, portfolio optimization, and technical tool development.
Responsibilities
Own the relationship between the catastrophe modelling team and the Retail Property Underwriting team, providing advice and data-driven insights to support Underwriting and Portfolio Management.
Lead the quarterly portfolio roll-up and reporting operations for select North American Commercial and Specialty portfolios.
Collaborate with actuarial, claims, and other functions, integrating catastrophe modelling insights into day-to-day business and portfolio optimization strategies.
Carry out modelling-related activities including event response, business planning, budgeting, profit studies, portfolio optimization, reinsurance purchasing, and other exercises requiring catastrophe risk inputs.
Support internal partners in responding to rating agency surveys, regulatory filings, data calls, and ad-hoc reporting for U.S. state and national insurance regulatory bodies.
Be a best practices expert for Underwriting Teams, the CoE, and operational groups; review and propose changes to systems, processes, and strategies.
Engage with the wider Catastrophe Risk Management & Underwriting Analytics teams, supporting ad-hoc analytics projects and contributing to wider analytics initiatives.
What You'll Need To Succeed
5+ years of catastrophe portfolio modelling experience, preferably using RMS and/or AIR.
Bachelor’s Degree required
Excellent analytical and problem-solving skills.
Strong understanding of property insurance and reinsurance; progress towards industry qualifications (e.g., CPCU) would be a bonus.
High attention to detail and ability to manage multiple global projects with competing priorities.
Excellent SQL skills with an understanding of data back-end schema; proficiency in R or Python would be a bonus.
Ability to communicate technical concepts to non-technical audiences.
Excellent communication, presentation, and interpersonal skills.
Ready to take your career to the next level? We would love to hear from you!
For positions based in NYC, NY the base salary range is $81,000 - 109,000 and for positions based in Illinois, the base salary range is $84,000-$111,500. The role is eligible for a bonus under the applicable incentive plan. In addition, we offer a range of competitive benefits.
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
Benefits & Inclusion At AIG, our people are our greatest asset. We created our Total Rewards Program, a comprehensive benefits package focused on health, wellbeing and financial security as well as professional development.
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; a major player in property casualty networks. We are committed to creating a culture that respects and celebrates diverse talents, backgrounds and perspectives, with learning and development opportunities and Employee Resource Groups (ERGs) worldwide.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please email candidatecare@aig.com.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance and Sales
Industries
Insurance
#J-18808-Ljbffr
Senior Catastrophe Risk Analyst at AIG. The North American Catastrophe Risk Management team is responsible for catastrophe modelling and portfolio exposure management for AIG’s North American Insurance businesses. Day-to-day pricing and portfolio roll-up are carried out at the Centre of Excellence (CoE) in Bangalore, India. The North American team is part of a wider Global Underwriting Analytics team with members in the US, London and Singapore. The primary responsibility for this role is to be the catastrophe modelling business partner for AIG’s Retail Property business and other select North American portfolios. The role requires a technically proficient catastrophe modeler who can develop strong relationships with underwriters and portfolio managers and contribute to wider analytics strategies including business planning, portfolio optimization, and technical tool development.
Responsibilities
Own the relationship between the catastrophe modelling team and the Retail Property Underwriting team, providing advice and data-driven insights to support Underwriting and Portfolio Management.
Lead the quarterly portfolio roll-up and reporting operations for select North American Commercial and Specialty portfolios.
Collaborate with actuarial, claims, and other functions, integrating catastrophe modelling insights into day-to-day business and portfolio optimization strategies.
Carry out modelling-related activities including event response, business planning, budgeting, profit studies, portfolio optimization, reinsurance purchasing, and other exercises requiring catastrophe risk inputs.
Support internal partners in responding to rating agency surveys, regulatory filings, data calls, and ad-hoc reporting for U.S. state and national insurance regulatory bodies.
Be a best practices expert for Underwriting Teams, the CoE, and operational groups; review and propose changes to systems, processes, and strategies.
Engage with the wider Catastrophe Risk Management & Underwriting Analytics teams, supporting ad-hoc analytics projects and contributing to wider analytics initiatives.
What You'll Need To Succeed
5+ years of catastrophe portfolio modelling experience, preferably using RMS and/or AIR.
Bachelor’s Degree required
Excellent analytical and problem-solving skills.
Strong understanding of property insurance and reinsurance; progress towards industry qualifications (e.g., CPCU) would be a bonus.
High attention to detail and ability to manage multiple global projects with competing priorities.
Excellent SQL skills with an understanding of data back-end schema; proficiency in R or Python would be a bonus.
Ability to communicate technical concepts to non-technical audiences.
Excellent communication, presentation, and interpersonal skills.
Ready to take your career to the next level? We would love to hear from you!
For positions based in NYC, NY the base salary range is $81,000 - 109,000 and for positions based in Illinois, the base salary range is $84,000-$111,500. The role is eligible for a bonus under the applicable incentive plan. In addition, we offer a range of competitive benefits.
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
Benefits & Inclusion At AIG, our people are our greatest asset. We created our Total Rewards Program, a comprehensive benefits package focused on health, wellbeing and financial security as well as professional development.
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; a major player in property casualty networks. We are committed to creating a culture that respects and celebrates diverse talents, backgrounds and perspectives, with learning and development opportunities and Employee Resource Groups (ERGs) worldwide.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please email candidatecare@aig.com.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance and Sales
Industries
Insurance
#J-18808-Ljbffr